Common use of Deposit and prepaid rent Clause in Contracts

Deposit and prepaid rent. The Tenant delivers........................................................................................................................................ (Herewith/Upon acceptance/as otherwise described in this Agreement) by negotiable cheque payable to. ”Deposit Holder” in the amount of............................................................................................................................................................................................. Canadian Dollars (CDN$. ) as a deposit to be held in trust as security for the faithful performance by the Tenant of all terms, covenants and conditions of the Agreement and to be applied by the Landlord against the..................................... and. month’s rent. If the Agreement is not accepted, the deposit is to be returned to the Tenant without interest or deduction.

Deposit and prepaid rent. The Tenant delivers........................................................................................................................................ ......................................................................................................................................... (Herewith/Upon acceptance/as otherwise described in this Agreement) by negotiable cheque payable to. to ”Deposit Holder” in the amount of............................................................................................................................................................................................. Canadian Dollars dollars (CDN$. Can$ ) as a deposit to be deposited and held in trust as security for the faithful performance by the Tenant of all terms, covenants and conditions of the Agreement and after the earlier of occupancy by the tenant or execution of the Lease to be applied by the Landlord against the..................................... and. the ........................... and month’s rent's rent and GST. If the Agreement is not accepted, the deposit is to be returned to the Tenant without interest or deduction.Tenant

Deposit and prepaid rent. The Tenant delivers........................................................................................................................................ ................................................................................................................................. . (Herewith/Upon acceptance/as otherwise described in this Agreement) by negotiable cheque payable to. ”Deposit Holder” in the amount of............................................................................................................................................................................................. Canadian Dollars (CDN$. ) as a deposit to be held in trust as security for the faithful performance by the Tenant of all terms, covenants and conditions of the Agreement and to be applied by the Landlord against the..................................... and. month’s rent. If the Agreement is not accepted, the deposit is to be returned to the Tenant without interest or deduction.

Deposit and prepaid rent. The Sub-Tenant delivers........................................................................................................................................ ................................................................................................................................................................................... (Herewith/Upon acceptance/as otherwise described in this Agreement) by negotiable cheque payable to. ”“Deposit Holder” in the amount of............................................................................................................................................................................................. Canadian Dollars dollars (CDN$. Can$. ) as a deposit to be deposited and held in trust as security for the faithful performance by the Sub-Tenant of all terms, covenants and conditions of the Agreement and after the earlier of occupancy by the Sub-Tenant or execution of the Sub-Lease to be applied by the Sub-Landlord against the..................................... .............................and. month’s rent's rent and HST. If the Agreement is not accepted, the deposit is to be returned to the Tenant without interest or deduction.be